Ripple was at the center of a legal storm in the past four years as the SEC hounded the fintech company over alleged securities violations over its $XRP sales, but in the past month, the company bounced back in what could be the biggest recovery of the year.

Ripple’s XRP has become the third-largest cryptocurrency by market cap, overtaking popular tokens like Solana, USDT, and Binance Coin, as a new era of crypto-friendly policy begins to take shape in Washington,

XRP secures the 4th spot in global crypto rankings as Ripple’s innovative vision sparks renewed enthusiasm. Explore the future of decentralized finance.

XRP, a token linked to Ripple Labs Inc., has vaulted rivals to become the third-largest cryptocurrency in a $100 billion rally. The token rose as much as 32% on Monday to $2.87. In the process its market capitalization topped $154.

Ripple Labs' XRP Token has come up trumps post-election to become one of the world’s biggest cryptocurrencies. The currency leapfrogged Solana’s SOL and is now fourth behind only Tether’s USDT, Ether token and of course Bitcoin.

The surge in the value of the XRP token comes amid speculation that the SEC may drop its legal case against Ripple Labs, the company that developed the XRP platform.

XRP, the payments-focused cryptocurrency, has skyrocketed over 380% in the last 30 days. This comes as bitcoin struggles to cross $100,000 amid faltering bitcoin dominance. CoinDesk's Christine Lee presents the "Chart of the Day.

Ripple token XRP has surged past Tether (USDT) and Solana (SOL) to become the third-largest crypto by market capitalization.